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15 Jul 2012

Export Stood at US $ 25.07 Billion in June 2012 Trade Deficit Contracts in June

India’s exports for the month of June 2012 registered a decline of (-) 5.45%, at US $ 25.07 billion compared to June 2011 when it stood at US $ 26.51 billion. During June 2012, the imports were US $ 35.37 billion with a negative growth of (-) 13.46%. Balance of Trade stood at US $ 10.3 billion during the same period. The cumulative figure for the period of April-June 2012 shows exports at US $ 75.20 billion registering the negative growth of (-) 1.7%; while imports for the same period stood at US $ 115.26 billion registering the growth of (-) 6.10%.

The trade figures were released by the Department of Commerce in a media interaction today by Commerce Secretary Shri S R Rao and DGFT Dr. Anup K Pujari. Figures for the month of June 2012 are provisional and subject to change